![moneydee123](/avatars/42404.jpg)
moneydee123
25.02.2021 •
Mathematics
Compute the monthly payment and interest cost for a mortgage.
Round to the nearest cent. The cost of a Chicago townhouse you are interested in is $255,400. Chase bank offers a 20-year loan at an interest rate of 4.5% and requires a 15% down payment.
1.) Find the required down payment.
2.) Find the amount of the mortgage.
3.) Find the monthly payment.
4.) How much will you end up paying for the townhouse?
5.) How much of this is interest?
Solved
Show answers
More tips
- A Auto and Moto What is the Average Lifespan of an Engine in a Car?...
- P Photography and Videography Understanding HDR: How It Works and Why You Need It...
- P Photography and Videography How to Choose the Perfect Photo Paper for Your Images?...
- C Computers and Internet How to Choose an Uninterruptible Power Supply (UPS) for Your Computer: Expert Tips...
- S Science and Technology How to choose a home theater system?...
- A Auto and Moto How to Choose a Car Wash? Tips and Recommendations...
- A Animals and plants How ants survive winter: exploring the secrets of their winter life...
- C Construction and repair How to Choose the Best Underfloor Heating?...
- S Sport When is the Champions League final?...
- S Sport When and Where Will the 2014 World Cup be Held?...
Answers on questions: Mathematics
- M Mathematics Which relation is a function? a. {(-2,10), (-6,10), (-2,3)} b. {(5,5), (5,9), (5,15)} c. {(0,3), (0,9), (12,-4)} d. {(-5,1), (4,9), (6,10)}...
- M Mathematics An even integer divided by 10 is the same as the next consecutive even integer divided by 5. What are the two integers?...
- M Mathematics $297.89 with a 9.5% tax...
- B Business 10. The Machining Department started the current month with a beginning goods in process inventory of $10,000. During the month, it was assigned the following costs:...
- S Social Studies Someone please help!...
- E English Assess the value of positive role models on one s behaviour...
- G Geography True or false, permafrost grows in d climate regions prove your answer...
Ответ:
Ответ:
In the third case (a single solution) the two lines will have a different slope.
Step-by-step explanation: